CMU Expert Sources Archive

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Finance and Law

  • Through her various judicial experiences, newly appointed U.S. Supreme Court justice Sonia Sotomayor has participated in several influential sports law decisions. Adam Epstein, Central Michigan University finance and law professor and authority on sports law, is available to discuss the... Read the Story

  • President Barack Obama's recent nomination of New York Judge Sonia Sotomayor to the Supreme Court has brought praise from Latino leaders and civil rights and women's advocates around the country. If confirmed, Sotomayor would be the court's first Latina justice. Theodore Bolema, an adjunct professor of finance and business law at Central Michigan University, is available to comment on this historical moment as well as on the upcoming confirmation process. Read the Story

  • Federal regulators are proposing some of the biggest bailouts in U.S. history and also are implementing new rules for trading. Central Michigan University finance and law faculty member Theodore Bolema says that the Treasury proposal is generally sound, but the... Read the Story

  • In response to proposals in Michigan's Legislature that would limit competition among electricity suppliers and mandate greater use of renewable energy, a study recently released by the Mackinac Center found that such regulation would significantly raise electricity rates without improving energy reliability or environmental quality. Ted Bolema, Central Michigan University finance and law faculty member, was one of two researchers who conducted the study and is available to comment on its findings. Read the Story

  • Michigan residents may not have much of a choice in the future when deciding where to get their energy. If proposed energy legislation is passed it would limit the amount of competition for Consumers Energy and DTE, giving them the majority of the state's consumer base. According to CMU finance and law faculty member Ted Bolema, who also serves as an energy policy specialist with the Mackinac Center for Public Policy, there is room for improvement in Michigan's electricity competition laws. "Introducing electricity choice in Michigan was a positive development, but it can be improved by leveling the playing field for all suppliers," Bolema said. Read the Story

  • A merger with Delta Airlines would be Northwest Airlines' second this year, following the acquisition of Midwest Airlines at the end of January, and would form the largest airline in the U.S. Central Michigan University finance and law faculty member Ted Bolema says that with Northwest's position of having the greatest share of routes in the Midwest and Delta's strengths in other parts of the county, it appears unlikely that a merger between the two would attract significant opposition and could probably proceed with few or no divestitures. Bolema is available for commentary on the issue. Read the Story

  • Released Dec. 13, the long-awaited Mitchell Report reveals the names of dozens of professional baseball players who are believed to have used steroids. Former Sen. George Mitchell, D-Maine, spearheaded the investigation, which has altered the careers of dozens of current and former pro baseball players and also has called franchises across the nation to task. How will this change the legacies of baseball greats like Roger Clemens and Andy Pettitte, who previously denounced the use of performance-enhancing drugs but are prominently named in the report? Read the Story

  • The housing market in Michigan has succumbed to what experts are saying is one the worst slumps in state history. At present, Michigan ranks fourth in the country in foreclosure filings &mdash with one filing for every 102 households. The downturn also has resulted in a record number of antsy sellers, a stockpile of homes, and a drop in real estate agents working in the industry. Last year, the Michigan Association of Realtors lost 10 percent of its membership due to the slump, which many experts predict will last for at least another 17 months. Patrick Corcoran, a real estate professor at CMU, and former real estate finance researcher on Wall Street, is available to speak with media. Read the Story

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